Hunter Perkins Capital Management LLC Buys 170 Shares of Littelfuse, Inc. (NASDAQ:LFUS)

Hunter Perkins Capital Management LLC lifted its position in Littelfuse, Inc. (NASDAQ:LFUS) by 3.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,525 shares of the technology company’s stock after purchasing an additional 170 shares during the quarter. Hunter Perkins Capital Management LLC’s holdings in Littelfuse were worth $1,066,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. State Street Corp boosted its position in shares of Littelfuse by 3.4% during the 3rd quarter. State Street Corp now owns 747,082 shares of the technology company’s stock valued at $198,164,000 after acquiring an additional 24,571 shares during the last quarter. Victory Capital Management Inc. lifted its position in Littelfuse by 2.0% in the third quarter. Victory Capital Management Inc. now owns 511,623 shares of the technology company’s stock worth $135,708,000 after buying an additional 10,119 shares during the last quarter. Geode Capital Management LLC lifted its position in Littelfuse by 0.4% in the third quarter. Geode Capital Management LLC now owns 431,956 shares of the technology company’s stock worth $114,607,000 after buying an additional 1,525 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Littelfuse by 2.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 303,947 shares of the technology company’s stock worth $80,622,000 after buying an additional 8,195 shares during the period. Finally, Boston Trust Walden Corp increased its position in Littelfuse by 0.6% during the third quarter. Boston Trust Walden Corp now owns 297,260 shares of the technology company’s stock valued at $78,848,000 after acquiring an additional 1,819 shares during the last quarter. 96.14% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Littelfuse

In other news, CAO Jeffrey G. Gorski sold 700 shares of the business’s stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $249.02, for a total transaction of $174,314.00. Following the sale, the chief accounting officer now owns 3,105 shares in the company, valued at approximately $773,207.10. The trade was a 18.40 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.30% of the company’s stock.

Littelfuse Stock Down 0.7 %

Shares of NASDAQ LFUS opened at $235.01 on Monday. Littelfuse, Inc. has a 12-month low of $222.91 and a 12-month high of $275.58. The stock’s fifty day simple moving average is $240.17 and its two-hundred day simple moving average is $251.27. The stock has a market capitalization of $5.83 billion, a PE ratio of 30.21, a price-to-earnings-growth ratio of 1.93 and a beta of 1.26. The company has a current ratio of 3.55, a quick ratio of 2.52 and a debt-to-equity ratio of 0.31.

Littelfuse (NASDAQ:LFUS) last announced its earnings results on Tuesday, October 29th. The technology company reported $2.71 EPS for the quarter, topping analysts’ consensus estimates of $2.09 by $0.62. Littelfuse had a net margin of 8.88% and a return on equity of 8.49%. The business had revenue of $567.39 million during the quarter, compared to the consensus estimate of $557.38 million. During the same period in the previous year, the company posted $2.97 earnings per share. The firm’s revenue was down 6.5% on a year-over-year basis. As a group, analysts expect that Littelfuse, Inc. will post 8.47 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. StockNews.com upgraded Littelfuse from a “hold” rating to a “buy” rating in a research report on Friday, October 18th. Oppenheimer raised shares of Littelfuse from a “market perform” rating to an “outperform” rating and set a $310.00 price target for the company in a research note on Thursday, October 17th. Finally, Benchmark reaffirmed a “hold” rating on shares of Littelfuse in a research report on Wednesday, October 30th. Three investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Littelfuse presently has a consensus rating of “Moderate Buy” and a consensus target price of $285.00.

Littelfuse Company Profile

Littelfuse, Inc designs, manufactures, and sells electronic components, modules, and subassemblies in the Americas, Asia-Pacific, and Europe. The company operates through Electronic, Transportation, and Industrial segments. The Electronics segment offers fuses and fuse accessories, positive temperature coefficient resettable fuses, electromechanical switches and interconnect solutions, polymer electrostatic discharge suppressors, varistors, reed switch based magnetic sensing products, and gas discharge tubes; and discrete transient voltage suppressor (TVS) diodes, TVS diode arrays, protection and switching thyristors, metal-oxide-semiconductor field-effect transistors and diodes, and insulated gate bipolar transistors.